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EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Dec. 31, 2024
EMPLOYEE BENEFIT PLANS [Abstract]  
Schedule Of Changes In Projected Benefit Obligation And Changes In Plan Assets [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2024
December 31, 2023
(In thousands)
Changes in projected benefit obligation:
Projected benefit obligation at the beginning of year,
 
defined benefit pension plans
$
73,547
$
73,508
Interest cost
3,603
3,800
Actuarial (gain) loss
(1,813)
1,966
Benefits paid
(5,778)
(5,727)
Projected benefit obligation at the end of year,
 
pension plans
$
69,559
$
73,547
Projected benefit obligation, other postretirement benefit plan
151
244
Projected benefit obligation at the end of year
$
69,710
$
73,791
Changes in plan assets:
Fair value of plan assets at the beginning of year
$
77,365
$
77,189
Actual return on plan assets - gain
1,221
5,903
Benefits paid
(5,778)
(5,727)
Fair value of pension plan assets at the end of year
(1)
$
72,808
$
77,365
Net asset, pension plans
3,249
3,818
Net benefit obligation, other postretirement benefit plan
(151)
(244)
Net asset
$
3,098
$
3,574
(1)
Other postretirement plan did not contain any assets as
 
of December 31, 2024 and 2023.
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year
 
Ended December 31,
2024
2023
2022
(In thousands)
Net actuarial (loss) gain, pension plans
$
(1,038)
$
395
$
(3,483)
Net actuarial gain (loss), other postretirement benefit plan
22
(111)
(35)
Amortization of net loss
56
17
3
Net amount recognized
$
(960)
$
301
$
(3,515)
Schedule of Net Benefit Costs [Table Text Block]
The following table presents the components of net periodic (benefit) cost for
 
the years ended December 31, 2024, 2023, and 2022:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Affected Line Item
in the Consolidated
Year Ended December 31,
Statements of Income
2024
2023
2022
(In thousands)
Net periodic (benefit) cost, pension plans:
Interest cost
Other expenses
$
3,603
$
3,800
$
2,614
Expected return on plan assets
Other expenses
(4,072)
(3,543)
(4,158)
Net periodic (benefit) cost, pension plans
(469)
257
(1,544)
Net periodic cost, postretirement plan
Other expenses
66
25
8
Net periodic (benefit) cost
$
(403)
$
282
$
(1,536)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31,
2024
2023
2022
Discount rate
5.14%
5.43%
2.77%
Expected return on plan assets
5.51%
4.80%
4.43%
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The
 
following
 
table
 
presents
 
the
 
changes
 
in
 
pre-tax
 
accumulated
 
other
 
comprehensive
 
income
 
of
 
the
 
Pension
 
Plans
 
and
Postretirement Benefit Plan for the years ended December 31, 2024, 2023,
 
and 2022:
Year Ended December 31,
2024
2023
2022
(In thousands)
Accumulated other comprehensive income at beginning of year, pension plans
$
2,369
$
1,974
$
5,457
Net (loss) gain
(1,038)
395
(3,483)
Accumulated other comprehensive income at end of year, pension plans
1,331
2,369
1,974
Accumulated other comprehensive loss at end of year, postretirement plan
(77)
(155)
(61)
Accumulated other comprehensive income at end of year
$
1,254
$
2,214
$
1,913
Defined Benefit Plan, Plan with Projected Benefit Obligation in Excess of Plan Assets [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The following
 
table presents
 
information
 
for
 
the plans
 
with a
 
projected
 
benefit obligation
 
and accumulated
 
benefit obligation
 
in
excess of plan assets for the years ended December 31, 2024 and 2023:
December 31, 2024
December 31, 2023
(In thousands)
Projected benefit obligation
$
47,305
$
49,793
Accumulated benefit obligation
47,305
49,793
Fair value of plan assets
43,651
46,801
Schedule of Allocation of Plan Assets [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The Pension Plans asset allocations by asset category are as follows as of the indicated
 
dates:
December 31, 2024
December 31, 2023
Asset category
Investment in funds
96%
97%
Other
4%
3%
100%
100%
Schedule of Expected Benefit Payments [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amount
(In thousands)
2025
$
6,223
2026
6,203
2027
6,077
2028
5,848
2029
5,796
2030 through 2034
27,141
$
57,288